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STATUTES AMENDMENT AND REPEAL (FAIR TRADING) ACT 2009 (NO 39 OF 2009) - SECT 40

40—Amendment of section 79—Assurances

        (1)         Section 79(1) and (2)—delete subsections (1) and (2) and substitute:

        (1)         The Commissioner may accept an assurance given by—

            (a)         a trader; or

            (b)         a director of a body corporate that is a trader,

in connection with a matter in relation to which the Commissioner has a power or function under this Act or a related Act.

        (2)         Section 79(4)—delete subsection (4) substitute:

        (4)         A person who has given an assurance may, with the consent of the Commissioner, withdraw or vary the assurance at any time.

        (3)         Section 79(5)—delete "trader" first occurring and substitute:

person who has given the assurance

        (4)         Section 79(5)—delete "trader" second occurring and substitute:

person



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